SC and Bursa Malaysia Extend Short Selling Suspension Until 31 December 2020

26 June 2020 | Kuala Lumpur

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.

There will not be any change to the scope of the suspension, in that, it applies to Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday short selling by Proprietary Day Traders. Permitted Short Selling (PSS) is not affected by the temporary suspension of short selling, as PSS is necessary for market makers to market make the relevant securities such as exchange traded funds efficiently.

The temporary suspension, which began on 24 March 2020 was extended on 28 April 2020, and is scheduled to expire on 30 June 2020.

SECURITIES COMMISSION MALAYSIA

BURSA MALAYSIA BERHAD

SC-World Bank-IOSCO Asia Pacific Hub Conference 2019: Enhancing Financial Inclusion through Islamic Finance and FinTech
(From left to right):

Abayomi A. Alawode, Head of Islamic Finance, Finance, Competitiveness and Innovation, The World Bank Group
Datuk Syed Zaid Albar, Chairman of the Securities Commission Malaysia (SC)
Dr. Firas Raad, Country Manager for Malaysia, East Asia and Pacific, The World Bank Group
Datuk Zainal Izlan Zainal Abidin, Deputy Chief Executive of SC

about the SC

The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

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